Tech
After booming demand during the pandemic and a rapid inventory build-up in 2022, Intel, Nvidia, SMIC, and TSMC face a sudden downturn, perplexing analysts (Richard Waters/Financial Times)

Richard Waters / Financial Times:
After demand boomed during the pandemic and inventories rose rapidly in 2022, Intel, Nvidia, SMIC, and TSMC faced a sudden downturn, confusing analysts.– After dealing with explosive demand and global shortages since the start of the pandemic, the semiconductor industry is facing a sudden downturn.
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